Blackstone denies seeking to acquire Brazil mall operator

Investment firm Blackstone Group LP on Sunday said it is not considering an acquisition of Brazilian shopping mall operator BR Malls Participacoes SA , denying a report published early in the day by newspaper O Globo. “We are not actively engaged in acquisition discussions for BR Malls,” Blackstone said in an emailed statement. The Brazilian newspaper, without citing sources for its information, said early Sunday that Blackstone had hired JP Morgan Chase & Co. to help it consider acquiring a controlling stake …

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Blackstone denies seeking to acquire Brazil mall operator

Tesla says Model 3 orders top $10 billion in first 36 hours

By Paul Lienert DETROIT (Reuters) – Tesla Motors Inc said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours — a fast start for the company's first mass-market vehicle, which may not begin to reach customers for another 18 months or more. Tesla Chief Executive Elon Musk tweeted on Friday that the Model 3, …

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Tesla says Model 3 orders top $10 billion in first 36 hours

Panama lawyer at center of data leak denounces attack on privacy

The head of a Panama-based law firm at the center of a massive leak of offshore financial data on Sunday denied any wrongdoing, and said his firm has fallen victim to “an international campaign against privacy”. German newspaper Suddeutsche Zeitung said it received a cache of 11.5 million leaked documents from the law firm's database, and …

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Panama lawyer at center of data leak denounces attack on privacy

Asian shares firm after solid U.S. jobs data, dollar soft

By Hideyuki Sano TOKYO (Reuters) – Asian share prices held firm on Monday after solid U.S. payroll data underpinned investor risk sentiment while last week's dovish comments from Federal Reserve Chair Janet Yellen kept the U.S. dollar in check. Oil…

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Asian shares firm after solid U.S. jobs data, dollar soft

Tax authorities begin probes into some people named in Panama Papers leak

By Jane Wardell and Elida Moreno SYDNEY/PANAMA CITY (Reuters) – Tax authorities in Australia and New Zealand are probing local clients of a Panama-based law firm at the center of a massive data leak for possible tax evasion. Other jurisdictions are likely to follow suit following the leak over the weekend of details of hundreds of thousands of clients in more than 11.5 million documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama. The…

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Tax authorities begin probes into some people named in Panama Papers leak

Shareholder group fights pay package for Baer’s Collardi, again

Julius Baer Chief Executive Officer Boris Collardi's 6.16 million-Swiss franc ($6.44 million) pay package has hit resistance, with a shareholder group announcing it will oppose the compensation at the April 13 annual general meeting. Actares, also known as Association of Shareholders for Sustainable Business, published its recommendation against Collardi's 2015 pay on its website on Friday. Collardi's compensation has been an issue before, when in April 2013 nearly two-thirds of shareholders voted against the

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Shareholder group fights pay package for Baer’s Collardi, again

Russian oil output highest in 30 years ahead of Doha meeting

By Vladimir Soldatkin MOSCOW (Reuters) – Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April. Energy Ministry data on Saturday showed that in tonnes, oil output reached 46.149 million in March versus 43.064 million, or 10.88 million bpd, in February. …

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Russian oil output highest in 30 years ahead of Doha meeting

Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

By Makiko Yamazaki SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp …

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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

Britain says government contracts must consider local steel firms

Britain said on Sunday that all public sector contracts that involve steel supplies must specifically consider UK steel companies as part of plans to find a long-term solution for the country's steel industry. The government is looking for ways to support domestic steel producers after India's Tata Steel put its British plants…

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Britain says government contracts must consider local steel firms

Greece demands IMF explanation over leaked debt transcript

By Lefteris Papadimas ATHENS (Reuters) – Greece demanded an explanation from the International Monetary Fund on Saturday after an apparent leaked transcript suggested the IMF may threaten to pull out of the country's bailout as a tactic to force European lenders to more offer debt relief. EU/IMF lenders will resume talks in Athens on Greece's…

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Greece demands IMF explanation over leaked debt transcript

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